Nike, Inc. is targeting top-line revenue growth to $23 billion by fiscal 2011 based on growth across its brand portfolio, up from $15 billion in fiscal 2006. Over the next five years, the company anticipates 75% of this growth will be generated by the Nik
Author: sportsoneauthor
LaCrosse Footwear Fourth Quarter Sales and Income Climb
LaCrosse Footwear, Inc. fourth quarter consolidated net sales were $31.7 million, up 7% from $29.8 million in the fourth quarter of 2005. Net income was $2.2 million or 36 cents per diluted share in the fourth quarter of 2006, up 9% from $2.0 million or 3
VF Corp. Q4 Revenues Driven by Outdoor Coalition
VF Corporation fourth quarter Revenues rose 9% to a record $1,598.8 million, compared with $1,462.4 million in the fourth quarter of 2005, driven by higher revenues across the Outdoor, Jeanswear and Sportswear businesses. Income from continuing operation
Sport Chalet Fiscal Q3 Earnings Out Pace Sales
Sport Chalet, Inc. fiscal third quarter sales increased 15.1% to $114.7 million from $99.7 million in the same period of 2005. Same store sales on a same day basis increased $3.5 million, or 3.8%. Net income for the third quarter increased 31.4% to $4.0 m
Dick’s Sporting Goods Inks Soccer Sponsorship with ESPN
Dick's Sporting Goods entered into a new agreement with ESPN for its soccer broadcasts with the 'Dick's Sporting Goods Halftime Report,' featuring game highlights, scores and soccer news from around the world. The halftime report will
Moosejaw Takes on Private Equity Partner
Parallel Investment Partners has completed the recapitalization of Moosejaw Mountaineering and Backcountry Travel, Inc. Moosejaw currently serves its customers through six retail stores in Michigan and Chicago, a significant online business through Web s
Chaco Acquires Ulu Footwear
Chaco has acquired Ulu, a privately-owned manufacturer of New Zealand shearling, rabbit fur and premium leather boots. Chaco will leverage its heritage in the outdoor category to expand upon the brand and drive Ulu into new markets. Marketing, sales and o
Conservation Alliance Raises $12,000 ot OR
The Conservation Alliance raised $12,000 at its Block Party event at the recent Outdoor Retailer Winter Market in Salt Lake City. The event celebrated the seven successes that Conservation Alliance funding helped achieve in 2006. KEEN, Inc., Salomon, Eagl
OR Winter Market Attendance Jumps 24%
Outdoor Retailer closed a successful 2007 Winter Market with a record 17,973 total attendees, up 24% from 2006 on a preliminary basis. The largest Winter Market to date attracted 5,602 buyers, up 14% from 2006*, who toured a show packed with innovative g
Execute Sells Academy Snowboards Back to Original Owners
Execute Sports Inc. completed the sale and transfer of the Academy Snowboard brand back to its original owners. Academy Snowboards was acquired in 2006 as part of the Pacific Sports Group, Inc. acquisition. In November, “after a year of disappointing sale
Gander Pulls Realistic Airsoft Guns Off Shelves
Gander Mountain Company is pulling realistic replica guns from its stores in Minnesota and will sell only airsoft guns that are obviously and unmistakably toys. Gander Mountain will phase out realistic replica guns, in favor of the obvious toy guns, in al
Delta Fiscal Q2 Income Impacted by Integration and Commodity Costs
Delta Apparel, Inc. Net sales for the three months ended December 30, 2006 increased 26.4% to a second quarter record of $72.9 million compared to $57.7 million in the prior year’s second quarter. Net income for the second quarter was $0.6 million, or sev
adidas Expects Reebok to Hit $5 Billion
adidas expects growth overseas, especially in Asia, to push sales at Reebok to roughly $5 billion from their current $3 billion, over the next three to five years. They also expect to cut costs across the company by about $113 million this year. That will
Under Armour Q4 Sales Increase 55%; Ups 2007 Guidance
Under Armour, Inc. net revenues increased 55.0% in the fourth quarter to $135.3 million compared to net revenues of $87.3 million in the fourth quarter of 2005. The Company reported $9.3 million in footwear revenues. Fourth quarter net income increased 69
Hanesbrands Income Falls on Restructuring
Hanesbrands Inc. total net sales in the fiscal second quarter were $1.13 billion, a 4.3% decrease from $1.18 billion in the year-ago quarter. Net income for the quarter decreased 77.6% to $23,794 compared to $106,012 for the same period last year. Accord
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